How many Engel & Volkers outlets were in Idaho at the start of 2024?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
a | 2022 | 1 | | | 2023 | 2 | | | 2024 | 0 | | California | 2022 | 0 | | | 2023 | 23 | | | 2024 | 0 | Notes: (1) All numbers are set forth as of December 31 of each year.
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Table No. 3 Our Franchised Residential Real Estate Brokerages Status of Franchised Outlets for Years 2022 to 2024
| State | Year | Number of Transfers | |---|---|---| | Colorado | 2022 | 5 | | | 2023 | 8 | | | 2024 | 0 | | Georgia | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Idaho | 2022 | 2 | | | 2023 | 2 | | | 2024 | 0 | | Nevada | 2022 | 0 | | | 2023 | 3 | | | 2024 | 0 | | Utah | 2022 | 0 | | | 2023 | 7 | | | 2024 | 0 | | Washington | 2022 | 1 | | | 2023 | 2 | | | 2024 | 1 | | Wyoming | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | TOTAL | 2022 | 9 | | | 2023 | 49 | | | 2024 | 1 | | Column 1 State | Colum n 2 Year | Colum n 3 Outlets at Start of Year | Colum n 4 Outlets Opene d | Column 5 Termination s | Column 6 Non- Renewal s | Column 7 Reacquire d by Franchiso r | Column 8 Ceased Operations - Other Reasons | Colum n 9 Outlets at End of the Year | |---|---|---|---|---|---|---|---|---| | Alabama | 2022 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | Arizona | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | Arkansas | 2022 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2024 | 4 | 0 | 0 | 0 | 0 | 1 | 3 | | California | 2022 | 30 | 0 | 1 | 0 | 0 | 3 | 26 | | | 2023 | 26 | 11 | 0 | 0 | 0 | 1 | 36 | | | 2024 | 36 | 1 | 1 | 0 | 0 | 4 | 32 | | Colorado | 2022 | 10 | 1 | 0 | 0 | 0 | 0 | 11 | | | 2023 | 11 | 2 | 0 | 0 | 0 | 0 | 13 | | | 2024 | 13 | 0 | 1 | 0 | 0 | 0 | 12 | | Connecticut | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | District of | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Columbia | | | | | | | | | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Georgia | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | | | 2023 | 6 | 2 | 0 | 0 | 0 | 1 | 7 | | | 2024 | 7 | 0 | 0 | 0 | 0 | 1 | 6 | | Hawaii | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | Idaho | 2022 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | Illinois | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | Column 1 State | Colum n 2 Year | Colum n 3 Outlets at Start of Year | Colum n 4 Outlets Opene d | Column 5 Termination s | Column 6 Non- Renewal s | Column 7 Reacquire d by Franchiso r | Column 8 Ceased Operations - Other Reasons | Colum n 9 Outlets at End of the Year | |---|---|---|---|---|---|---|---|---| | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | Indiana | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Kansas | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Louisiana | 2022 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 0 | 0 | 0 | 0 | 1 | 3 | | | 2024 | 3 | 1 | 1 | 0 | 0 | 0 | 3 | | Maine | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | Maryland | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | Massachusett | 2022 | 12 | 0 | 0 | 0 | 0 | 0 | 12 | | s | | | | | | | | | | | 2023 | 12 | 1 | 0 | 0 | 0 | 1 | 12 | | | 2024 | 12 | 0 | 0 | 0 | 0 | 0 | 12 | | Michigan | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Minnesota | 2022 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | Missouri | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Montana | 2022 | 12 | 3 | 0 | 0 | 0 | 0 | 15 | | | 2023 | 15 | 1 | 0 | 0 | 0 | 1 | 15 | | | 2024 | 15 | 0 | 0 | 0 | 0 | 0 | 15 | | Nevada | 2022 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | Column 1 State | Colum n 2 Year | Colum n 3 Outlets at Start of Year | Colum n 4 Outlets Opene d | Column 5 Termination s | Column 6 Non- Renewal s | Column 7 Reacquire d by Franchiso r | Column 8 Ceased Operations - Other Reasons | Colum n 9 Outlets at End of the Year | |---|---|---|---|---|---|---|---|---| | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | New | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Hampshire | | | | | | | | | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | New Jersey | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | New Mexico | 2022 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | New York | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | | | 2023 | 6 | 0 | 0 | 0 | 0 | 1 | 5 | | | 2024 | 5 | 1 | 0 | 0 | 0 | 0 | 6 | | North | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | | Carolina | | | | | | | | | | | 2023 | 6 | 3 | 0 | 0 | 0 | 1 | 8 | | | 2024 | 8 | 0 | 0 | 0 | 0 | 1 | 7 | | Ohio | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | Oklahoma | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 1 | 2 | | Oregon | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | | Pennsylvania | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 2 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | | Rhode Island | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | South | 2022 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | | Carolina | | | | | | | | | | | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2024 | 4 | 0 | 0 | 0 | 0 | 1 | 3 | (1) All numbers are set forth as of December 31 of each year.
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**Table No.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–88)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, there were 4 outlets in Idaho at the start of 2024. This information is based on the table showing outlets and franchisee information. The table provides a year-by-year breakdown of the number of Engel & Volkers locations, including how many were operating at the beginning of each year.
For a prospective franchisee, this indicates the existing market presence of Engel & Volkers in Idaho. It shows whether the brand is well-established or relatively new to the state. The number of existing outlets can influence market saturation and brand recognition, which are important factors to consider when evaluating the potential for a new franchise.
It's also important to note the changes in outlet numbers over the years. In Idaho, the number of Engel & Volkers outlets increased from 3 in 2022 to 4 in 2023, and remained at 4 in 2024. This suggests a steady but not rapid growth pattern in the state. A potential franchisee should investigate the reasons behind this growth rate and whether it aligns with their expectations for market development.